564 Forest Rd 9,031 SF Retail Building Penshurst, NSW 2222 $1,964,200 ($217.50/SF) 5.04% Cap Rate

This property presents an outstanding opportunity for investors, growing businesses, or future developers seeking a high-exposure site with strong income potential. Currently leased as a green grocer, the asset generates an approximate annual income of $141,000 including GST, supported by flexible E1 Local Centre zoning that allows for a range of future uses.
The building offers approximately 400 sqm of internal space and a total site area of around 805 sqm. It features a large-format retail layout with additional storage across two levels, complemented by a basement and cool room for operational efficiency. Two powder room facilities, a 9-metre height limit, and six secure car spaces add to the property’s functionality and appeal.
Positioned on a prominent corner with excellent street presence, the property benefits from high traffic exposure and easy access to main arterial roads. Ample on-site and street parking enhances convenience for customers and staff, while the surrounding high-density residential catchment ensures consistent foot traffic and strong local demand.